Govt to focus on agriculture to accelerate economic recovery
Covid-19: Govt to focus on agriculture to accelerate economic recovery
The government is going to focus on agriculture as one of its prioritised sectors under a 2020-2023 mid-term plan in an effort to bring the Covid-hit national economy back on track fast.
According to a government document, the allocation in agriculture sector till 2022-23 fiscal starting from the running 2020-21 fiscal will go up to Tk 941.81 billion.
Of the total amount, the allocation for this fiscal has been fixed at Tk 270.18 billion while that for 2021-22 and 2022-23 fiscal years at Tk 320.07 billion and Tk 351.57 billion respectively.
The allocations for 2017-18, 2018-19 and 2019-20 fiscal years were Tk 191.26 billion, Tk 250.62 billion and Tk 299.80 billion respectively.
The document says the agriculture, which is contributing more than 13 percent to GDP, is playing an important role in bringing the economic prosperity to rural people through creating job opportunities and boosting productivity.
The government has taken various steps aiming to ensure food security, income and employment opportunities so that the lifestyle of rural people could be improved.
4 years ago